Welcome to our dedicated page for GRATOMIC news (Ticker: CBULF), a resource for investors and traders seeking the latest updates and insights on GRATOMIC stock.
Gratomic Inc. is a multinational company with projects in Namibia, Brazil, and Canada, focused on becoming a leading global graphite supplier. The company aims to secure a strong position in the electric vehicle battery supply chain through its flagship Aukam project in Namibia and exploration at the Capim Grosso property.
The recent operational update from the Aukam graphite mine demonstrates the progress made in upgrading graphite concentrate to the required grade for the alkaline battery market. Gratomic has formed strategic partnerships with TM2 Verticals and Forge Nano to enhance its graphite production capabilities and supply chain integration, positioning itself for success in the high-value graphite applications market.
Gratomic Inc. (OTCQX:CBULF) has released an updated corporate presentation showcasing significant progress made over the past year. This presentation highlights the Aukam processing plant and includes details on new projects in Brazil, including Capim Grosso, Jacobina, and Igrapiuna. Key updates encompass a new map of exploration licenses, political details in Namibia, and technical information on graphite projects, emphasizing Gratomic's strategy to cement its role in the EV battery supply chain. The company anticipates competitive advantages from high-quality graphite testing and a partnership with Forge Nano to enhance graphite production.
Gratomic Inc. (OTCQX:CBULF) has completed 2,047.5 meters of a 5,000-meter drilling campaign at its Capim Grosso graphite project in Brazil. A total of 17 diamond drillholes have been finished, with two additional holes currently in progress. The company holds a 100% controlling interest in the project. Recent assay results show that all completed drillholes intersected graphite, with notable Total Graphitic Carbon (TGC) percentages reported, including 15.17% in drillhole CGD011. The project continues to demonstrate strong potential as Gratomic advances its exploration efforts.
Gratomic Inc. (OTCQX:CBULF) has initiated a trenching program on its Jacobina Graphite Project in Brazil following a Definitive Agreement to acquire the site. The first trench results indicate significant potential for graphite mineralization. Gratomic aims to acquire a 100% interest in the property, pending due diligence and regulatory approvals. Recent assays from SGS Geosol featured 17 samples, confirming high Total Graphitic Carbon (TGC) values, with notable results including an 8.34% TGC over a 17m interval, enhancing the project's viability in the electric vehicle battery supply chain.
Gratomic (TSX-V: GRAT, OTCQX: CBULF) has completed 1,734.30 meters of a planned 5,000-meter drilling campaign at its Capim Grosso graphite project in Bahia, Brazil. The company has finished 15 diamond drillholes, with assays received from SGS Geosol indicating promising Total Graphitic Carbon (TGC) results. The results show significant intervals of graphitic carbon across various drillholes. Following the completion of drilling, Gratomic plans to generate a Maiden Mineral Resource Estimate in compliance with National Instrument 43-101 standards.
Gratomic has successfully produced its first batch of processed graphite from the Aukam plant in Namibia, marking a significant milestone since 1974. The company achieved a PRODUCT IN BAG (PIB) milestone with one metric ton of material, intended for product development. The produced graphite is suitable for various applications, including anode material for lithium-ion batteries. However, Gratomic indicates that no economic feasibility studies have been completed, raising risks regarding production and cost recovery.
Gratomic is pleased to announce the appointment of Fernando Luís Pereira Calha as the new Director of Graphite Sales and Business Development. With a solid background in strategic operations, Mr. Calha brings extensive experience in business development, contract negotiations, and strategic marketing, making him a suitable fit for the role. This move aligns with Gratomic's goal of enhancing its position in the EV battery supply chain through tailored product offerings and strategic partnerships, including a collaboration with Forge Nano for value-added graphite applications.
Gratomic Inc. (OTCQX: CBULF) has engaged Zimtu Capital Corp for a 12-month marketing and investor relations campaign at a cost of $200,000 CDN. Zimtu will implement various marketing strategies, including live presentations, email campaigns, and investor blogs. Gratomic aims to secure its position as a leading global graphite supplier, focusing on EV battery applications through its Aukam project in Namibia and Capim Grosso property in Brazil. High-quality vein graphite has been sent for testing, and the company is collaborating with Forge Nano to enhance its graphite production processes.
Gratomic Inc. announced a definitive agreement to acquire a 100% interest in the Jacobina and Igrapiuna prospects in Brazil, covering 2,782.01 hectares. The acquisition will cost Gratomic $100,000 in cash and the issuance of 1,768,011 shares priced at $1.40 each. Subject to conditions, including TSX Venture Exchange approval, the shares will be released from escrow in thirds over 12 months. This acquisition could enhance Gratomic's graphite supply chain positioning, especially for electric vehicle battery applications.
Gratomic Inc. (CBULF) has entered a project agreement with the National Research Council of Canada to evaluate the performance of its spherical graphite samples for lithium-ion batteries. Testing will occur at NRC's labs in Quebec, measuring reversible capacity and initial coulombic efficiency. The project includes two phases: electrode processing and anode testing. Gratomic aims to enhance its understanding of Aukam graphite properties. The company has also partnered with Forge Nano for value-added graphite production processes, positioning itself strongly in the electric vehicle battery supply chain.
Gratomic (OTCQX:CBULF) has initiated a comprehensive community support program in Namibia, investing approximately 1 million Namibian dollars to enhance local education facilities. This includes a recent donation of NAD 47,500 (~CAD 4,000) for school uniforms, gift bags, and lunches at J.S. Herero Primary School. The programs aim to promote youth education, literacy, and community development. The Company is also conducting a book drive to improve the school's library and has committed to upgrading various school facilities as part of its ongoing community investment strategy.
FAQ
What is the current stock price of GRATOMIC (CBULF)?
What is the market cap of GRATOMIC (CBULF)?
What is Gratomic Inc.'s focus?
What recent achievements has Gratomic disclosed?
Are there any key partnerships Gratomic Inc. has formed?